muneeb1

muneeb1

April high now serving as support coupled with 38.2 fibo and 100dma

muneeb1

Pullback to 61.8 fibo and support at cloud base.

muneeb1

Retracement to 61.8 fib and false break of cloud top

muneeb1

USDJPY looks like it is carving out a temp bottom. Confirmation also coming from strong correlation with EURGBP and GBPCHF.

muneeb1

Looking for a temp bounce to trend line break / 50D SMA after large move yesterday with tight stop

muneeb1

Bounce of cloud base and 50% fibo with 200 day moving average as support underneath.

muneeb1

Divergence on smaller timeframe

muneeb1

Bearish price action and resistance at kijun sen. Momentum slowing and divergence on 4h timeframe. TP 1: 2.82 SL: 2.875

muneeb1

Looking for a counter-trend move after momentum is waning to the downside. There is divergence across all oscillators and PA is suggesting a temp bottom has been found.

muneeb1

Long at market with stop below 1.40. First TP of 1.4250. Confirmation of bullish price action at support level, coupled with divergence on weekly time frame.

muneeb1

Key resistance at 1.1450. Stop above 1.1450 looking for a move towards 1.1150 as market losing momentum to move higher.

muneeb1

Resistance at 200DMA and bearish price action coupled with divergence suggesting we may move lower. Confirmed with resistance on wekkly timeframe. SL at 86.75 with first TP at 85.05

muneeb1

Bullish price action at support level with divergence and confirmation from weekly timeframe. Stop beneath 1.2860 with first TP target at 1.3290.